ITC Hotels Cash Flow Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024
Net Income	8,169	6,346	6,326
Depreciation & Amortization	4,165	3,976	2,970
Other Amortization	-	47.5	50.4
Loss (Gain) From Sale of Assets	84.6	64.5	81.9
Loss (Gain) From Sale of Investments	-250.5	-107.3	-48.3
Loss (Gain) on Equity Investments	-118.7	-158.7	-130.5
Stock-Based Compensation	5.3	1.3	-
Provision & Write-off of Bad Debts	-7.4	-0.4	7.2
Other Operating Activities	-1,391	-124.5	-1,316
Change in Accounts Receivable	-314.7	-546.5	421.05
Change in Inventory	571	-1,590	-1,880
Change in Accounts Payable	186.1	127	3,605
Operating Cash Flow	11,099	8,035	10,087
Operating Cash Flow Growth	38.14%	-20.35%	-
Capital Expenditures	-4,103	-3,859	-10,094
Sale of Property, Plant & Equipment	17.8	41.4	338.7
Investment in Securities	-9,231	-18,557	-1,627
Other Investing Activities	1,575	315.4	96.45
Investing Cash Flow	-11,742	-22,057	-11,290
Long-Term Debt Repaid	-3.2	-2.9	-
Total Debt Repaid	-3.2	-2.9	-6.75
Net Debt Issued (Repaid)	-3.2	-2.9	-6.75
Issuance of Common Stock	268.2	-	1,245
Other Financing Activities	-79.3	14,300	666.3
Financing Cash Flow	185.7	14,297	1,905
Net Cash Flow	-458	273.9	702.15
Free Cash Flow	6,996	4,175	-6.75
Free Cash Flow Growth	67.56%	-	-
Free Cash Flow Margin	16.90%	11.73%	-0.02%
Free Cash Flow Per Share	3.36	2.00	-0.00
Cash Interest Paid	79.3	66.4	69.6
Cash Income Tax Paid	2,889	2,127	3,366
Levered Free Cash Flow	6,092	3,480	-
Unlevered Free Cash Flow	6,142	3,521	-
Change in Working Capital	442.4	-2,010	2,147